Mexico’s senate has given the final congressional approval to the country’s watershed energy reform that will open up the oil industry to private investment in a 78-26 vote late Wednesday night. The reform, which initially became law 21 December 2013…
France's Dassault Systèmes announced the signing of a definitive share purchase agreement for Dassault Systèmes to acquire Quintiq, a Dutch supply chain planning software firm, for approximately US$335 million (€250 million) on 23 July. Completion…
Siemens is showing its software and hardware products for more cost-effective production and more efficient operation of wind turbines at the WindEnergy Hamburg 2014 trade fair. Siemens can offer an integrated protection concept made…
Proserv appoints two vice presidents to its senior management team. Paul Douglas has been promoted to the role of VP operations with Bruce Stuart joining Proserv as VP sales and business development for Europe and West Africa (EWA) from FMC Technologies…
Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) began oil production from the first well at the Bonga North West deepwater development, off the Nigerian coast, approximately 120km offshore the Gulf of Guinea, on 5 August. Oil…
Oil & Gas UK's Q2 2014 Business Sentiment Index has revealed that industry optimism has fallen for the fifth consecutive quarter, but remains positive, just, at two points above zero on the -50 to +50 index. The industry body described…
The living quarters platform (LQP-1) topside for the Vladimir Filanovsky field has arrived at its north Caspian Sea destination from Krasnye Barrikady shipyard in Russia’s Astrakhan region, the Russian Maritime Register of Shipping (RS) announced on 5 August…
CAMAC Energy discovered four new oil and gas reservoirs during drilling on an Oyo field development well in OML 120 offshore Nigeria, the firm said today (4 August). Drilling on Oyo-8 started on 15 June. A vertical section of the well…
Production began from two “high-rate” wells at Murphy Oil’s Dalmatian development in the US Gulf of Mexico. The US-based company announced that the project came online during its 2Q 2014 earnings report. Murphy Oil said the results were “better than planned…
Shore-side command centers are the hub for offshore communications and rescue coordination efforts. Images from McMurdo Group. McMurdo Group’s Remi Julien discusses how different…
The Mariner development concept. Images from Statoil. The Mariner heavy oil field took 40 years, 12 oil companies, five seismic surveys, and 18 exploration/appraisal wells to get to where it is today…
Ingrid Sølvberg, director for the Norwegian and Barents seas, Norwegian Petroleum Directorate. Photo from UTC. Challenges to produce new areas, like the Barents, and extend the life of more mature regions…
A Cyberhawk ROAV in flight. Photos from Cyberhawk. Chris Fleming explains how using remotely operated aerial vehicles for inspections are reducing plant shutdowns at oil and gas production facilities in the UK and around the world…
The J-Lay test rig applies a 20 te vertical load via the rollers whilst pulling the product through. Image from Trelleborg Offshore. Specifying the right vortex induced vibration…
New specialist vessels have the potential to change the face of the decommissioning sector, but will they solve all the issues activity in this area continues to face? Alan Clifton takes a look. The Pieter Schelte…